INDIAN EQUITY MARKET WRAP UP - 31 DEC 2015

INDIAN BENCHMARKS: SENSEX RALLIES 157 POINTS TO END 2015 CLOSED ABOVE 26,000, NIFTY AT 7646

Dalal Street ended calendar 2015 on a cheerful note, as the benchmark indices rallied in late trade. Investors initiated fresh long positions buoyed by expectations of a brighter 2016.

The S&P BSE Sensex ended the day higher by 157 points, or 0.61 per cent, at 26,117.54. The 50-stock barometer Nifty50 closed at 7,946, up 50 points, or 0.63 per cent. HDFC and GAIL were the top gainers on the BSE benchmark.

The BSE benchmark ended the year with a loss of 4.65 per cent while NSE index Nifty50 shed 3.66 per cent

HEADLINES OF THE DAY

Godrej Consumer Products, Torrent Phrama, Concor and Jet Airways are included in F&O segment with effect from January, 1st 2016.

Petronet enters into binding SPA with RasGas.

Kaveri Seed rises on bulk deal.

The crucial resistance for Nifty FUTURE is now seen at 7984 and above this 8037 Support for the immediate term is now placed at 7870 and next support will be 7805.

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